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Government fully awards P30 billion T-bonds at higher rates
The government secured P30 billion in long-term securities yesterday but at slightly higher rates after inflation picked up and ended four months of easing......»»
Treasury fully awards P30 billion T-bonds
The government borrowed P30 billion in long-term securities after investors asked for lower rates......»»
PMFTC reports 75K shift smoking option
Over 75,000 Filipino smokers have joined the 18.5 million smokers globally in almost 70 countries who have quit cigarettes completely for heated tobacco which has been scientifically validated as a much better alternative to smoking. In June 2020, conglomerate Philip Morris Fortune Tobacco Co. or PMFTC, embarked on its bold vision to deliver the smoke-free Philippines. Just three years after it was launched, an estimated 75,000 Filipinos have quit smoking cigarettes and adopted IQOS, a device that heats without burning tobacco. PMFTC, the local affiliate of Philip Morris International Inc., launched IQOS in June 2020 in the pilot area of Metro Manila and has since expanded its presence nationwide when it embarked on its bold vision to deliver a smoke-free Philippines. Innovation improves health “We remain steadfast in our vision to deliver a smoke-free Pilipinas. We are optimistic that more adult smokers will quit cigarettes as we continue to innovate and expand our presence in the country,” Dave Gomez, PMFTC’s communication director, said. HeatControl is a patented technology used in IQOS that precisely heats, without burning, tobacco-filled sticks wrapped in a paper called HEETS to release a water-based aerosol. Unlike cigarettes, IQOS does not burn tobacco and therefore produces no smoke and no ash. In November last year, PMFTC introduced its more affordable device called BONDS by IQOS. “If only all the 16 million Filipino smokers who don’t quit would switch to heated tobacco products, imagine the significant reduction in smoking-related diseases in the country,” Gomez added. To celebrate its 3rd anniversary, PMFTC launched IQOS Together. X — a series of events exclusive only to IQOS CLUB members — the first of its kind in the Philippines. On 17 June, IQOS CLUB Members were treated to a craft-beverage journey at OTO in Poblacion, Makati. Shortly after, they experienced a special tasting menu served by the award-winning team of TOYO Eatery on 23 June. The culminating night of IQOS Together. X was celebrated at The Yuchengco Museum on 29 June where the 2021-2022 winners of the Philippine Art Awards are on exhibit. Signature offerings from The Moment Catering and festivities were the highlights of the spectacular night, attended by over 150 members. The post PMFTC reports 75K shift smoking option appeared first on Daily Tribune......»»
Treasury awards P25 billion reissued T-bonds in full
The government yesterday borrowed P25 billion in long-term securities even as investors asked for higher rates......»»
Treasury partially awards P24 billion in T-bonds
The government only made a partial award of Treasury bonds (T-bonds) as yields continue to pick up with the local debt market adjusting to global developments......»»
Treasury partially awards P22.85 billion in T-bonds
The government only made a partial award of Treasury bonds as yields remain high with the September inflation expected to further increase......»»
Government awards P35 billion T-bonds at lower rate
The Bureau of the Treasury yesterday awarded in full P35 billion worth of reissued five-year bonds in a display of investor preference for longer term assets......»»
Treasury awards P35 billion worth of reissued 20-year bonds
The government made a full award of the P35 billion worth of reissued 20-year bonds on the back of strong demand for the long-term debt papers......»»
Government fully awards 10-year bonds as rates rise
The government awarded in full the reissued 10-year Treasury bonds offered yesterday even as its rate spiked on lingering inflation concerns and rising US Treasury yields......»»
Philippines logs 40 pertussis deaths this year
MANILA, March 28 (Xinhua) -- Forty children have died of whopping cough, a respiratory infection also called pertussis, since this year, the Philippines' Department of Health (DOH) has reported. The DOH said in a statement on Wednesday that cases have continued to increase since the start of this year, recording 568 cases from Jan. 1 to March 16. "The total number of cases for the same period in 2023 was.....»»
Property prices slow in Q4
The growth in property prices has been sustained for 10 straight quarters, albeit at a slower pace in the fourth quarter last year, according to the Bangko Sentral ng Pilipinas......»»
ANZ raises Philippine inflation forecast to 3.8% this year
ANZ Research hiked its inflation forecast for the Philippines to 3.8 percent this year, from 3.5 percent previously, as risks may drive inflation up to above the central bank’s two to four percent target in the coming months......»»
Vehicle sales rev up by 23% in February
Vehicle sales accelerated by more than a fifth in February from a year ago, supported by automotive firms’ marketing efforts as well as stable interest rates......»»
S& P: Philippines may miss growth goal this year
S&P Global Ratings sees the Philippines again missing its growth targets this year as it kept its gross domestic product growth forecast at 5.9 percent. While the projection is better compared to other economies in the region, it is again below the government’s 6.5 to 7.5 percent growth target......»»
Cebu topnotcher shares secret to success: Strong support system of family, friends
CEBU CITY, Philippines — A good support system of family and friends is Elijah Cabase’s secret to his placing 5th in the March 2024 Medical Technologists Licensure Examinations (MTLE). This 23-year-old University of Cebu-Banilad alumnus said that he was not even expecting to pass because he described himself as a confessed procrastinator — or one.....»»
Pertussis or whooping cough: 40 child deaths so far this year – DOH
MANILA, Philippines — Assistant Health Secretary Albert Domingo reported on Wednesday that as of March 16 this year, some 40 children had died of whooping cough — a respiratory infection also called pertussis. An increase in new pertussis cases nationwide had been observed nationwide, with 28 cases reported from March 10 to 16. READ: What.....»»
88% of Pinoys oppose Cha-cha – Pulse Asia
Public opinion on Charter change, which last year was roughly divided among Filipinos, is now largely skewed toward those opposed to changing the country’s Constitution, a survey conducted by Pulse Asia showed......»»
Security Council warns of foreign interference in 2025 polls
There may be foreign interference in next year’s midterm elections and the Department of Information and Communications Technology should prepare to counter cyberattacks, the National Security Councilwarned yesterday......»»
DOH: Pertussis cases 20 times higher since January
The number of pertussis cases nationwide has increased 20-fold this year from 2023, according to the Department of Hea.....»»
Girl, 4, dies after being hit by SUV
A four-year-old girl died after she was hit by a sport utility vehicle in Quezon City on Tuesday afternoon......»»